Stock market information and bond yields – Fintech Zoom
Michael Mackenzie examines the impact of bond yields on the stock market over the past six months and how they have helped account for the continued rise in the costs of equities. Six months ago, at the close, the S&P 500 stock index was at 3337 and the Nasdaq at 9575. Each index hit a short-term low on March 23, with the S&P 500 closing at 2237 and the Nasdaq at 6. 860. In fact, at the close…